BYD and Geely are posting sales highs while pressure builds on China's smaller carmakers. Scale and cost advantage are compounding for the leaders, the tail is where estimates and balance sheets get c

What happened: BYD and Geely Auto posted their strongest monthly sales of the year in October, bucking a downward trend in China's automotive market as smaller rivals face pressure to turn a profit. Key numbers: BYD delivered 490,168 cars in October, up 11 per cent year on year. Geely delivered 310,183 petrol and electric cars worldwide in the same period. Why it matters: The two largest Chinese carmakers gained ground while smaller competitors come under increasing pressure to turn a profit in the world's largest automotive market.

BYD and Geely Auto posted their strongest monthly sales of the year in October, bucking a downward trend in China's automotive market as smaller rivals face pressure to turn a profit.

The two largest Chinese carmakers gained ground while smaller competitors come under increasing pressure to turn a profit in the world's largest automotive market.